Employee options
Private company shares
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See, in one place,
All your cash and private market share holdings
Deal room offer information
Share certificates and key information
Live trading in unlisted markets
Historic cash movements
Emails and communications
Empowering employees with a secure way to unlock liquidity
Employee Share Ownership Plans (ESOPs) are a powerful way to retain key talent – giving employees a stake in the business and aligning their success with the company’s. But sometimes, life happens. We can’t all wait for an IPO to get access to liquidity. FCX offers employees a secure, transparent, compliant, and flexible way to get liquidity through company led events.
Get access to a new realm of investible assets
Private markets have traditionally been difficult to access, limited by opacity, fragmented information and a lack of efficient transaction processes. FCX opens the door to high quality private and illiquid assets by providing a secure, transparent and compliant marketplace for secondary liquidity events. Through Issuer led events, buyers gain structured access to opportunities that were previously out of reach with greater confidence around pricing, governance and execution.
Unlock capital that would otherwise remain tied up for years
A significant portion of investor wealth in private markets is effectively trapped, locked into long duration structures with limited or no interim liquidity. FCX provides a structured, compliant pathway for investors to realise value from these holdings through issuer led secondary events, without forcing premature exits or relying on uncertain timelines. By enabling controlled liquidity in private assets, FCX helps investors actively manage portfolios, rebalance exposure and redeploy capital with greater flexibility and confidence.
FAQs
FCX tokenises assets using distributed ledger technology (DLT) for instant, direct and immutable transactions. See more on our Technology page.
FCX holds a first-of-its-kind Australian Market Licence (Tier 2) granted by ASIC, which:
- Authorises the holder to operate a licensed financial market in Australia, for unlisted companies and funds
- Is specifically designed for markets that operate on a non-continuous basis, meaning transactions are discrete, event-driven liquidity events
FCX also holds a Clearing and Settlement Facility Licence granted by the RBA which:
- Authorises the holder to operate a facility that clears and settles financial transactions in Australia
- Marks the first time in Australia that a licensed alternative to the ASX has existed for clearing and settlement, and it has been built specifically for the FCX private market
This makes FCX the first fully-regulated platform for facilitating private market secondary transactions.
See our Licences page for further information.
FCX is 100% owned by FinClear, Australia’s leading independent technology and infrastructure provider for financial markets.
Selling shares through FCX begins with the Company. Because liquidity events are company-led, individuals looking to sell should speak with their company about using FCX’s platform to run a structured liquidity event. When an event is scheduled, investors will be invited to participate through either a tender market or an auction market.
Selling units through FCX begins with the Issuer (Fund). Because liquidity events are Issuer-led, individuals looking to sell should speak with the fund manager about using FCX’s platform to run a structured liquidity event. When an event is scheduled, investors will be invited to participate through either a tender market or an auction market.
Liquidity events are Issuer-led, meaning that companies or fund managers can choose when these events occur. Due to this, investors will be invited to sell their shares or units when there is an active liquidity event.
Participation in tender events on FCX is open to approved investors. Any new investors wishing to participate as a buyer must be a Wholesale or Sophisticated investor and will need to complete an approval process before they can access an event. Existing shareholders and employees of the issuing company can participate by setting up a wallet on the FCX platform and do not need to be a Wholesale or Sophisticated Investor.
Participation in auction events on FCX is open to approved investors. Any new investors wishing to participate as a buyer must be a Wholesale or Sophisticated investor and will need to complete an approval process before they can access an event. Existing shareholders and employees of the issuing company can participate by setting up a wallet on the FCX platform and do not need to be a Wholesale or Sophisticated Investor.
In simple terms, this means the investor meets certain legal tests and is considered able to assess higher-risk or more complex investment opportunities without all the protections that apply to retail investors.
Wholesale investors may include individuals, companies, trusts, SMSFs, family offices, professional investors and other entities that meet the relevant legal tests.
A Sophisticated investor is often used to describe someone who qualifies as a Wholesale investor because they meet certain income or asset tests. This usually means they have a certificate from a qualified accountant confirming that they have either:
– Net assets of at least $2.5 million; or
– Gross income of at least $250,000 per year for each of the last two financial years.
This is a document that verifies an investor meets the definition of a Wholesale or Sophisticated investor under Australian law.
To qualify, an investor must have a certificate from a qualified accountant to confirm they have net assets of at least $2.5 million, or a gross income of $250,000 or more for each of the past two financial years. This certification is required for certain types of investment activity in private markets.